Cambridge University Hospital secures CHP funding

Cambridge University Hospitals (Addenbrooke’s) NHS Foundation Trust is to install a combined heat and power system with a dual-fuel boiler, a biomass boiler and a heat-recovery unit tied into the hospitals’ incinerators.

The Green Investment Bank (GIB) has committed à‚£50 million to a fund raised by insurer Aviva for energy projects.
Cambridge University Hospital
Aviva and the Edinburgh-based lender are pumping à‚£18m each into this particular project.

Green Investment Bank Chairman Lord Smith said: “Non-domestic energy efficiency is a priority sector for the GIB and this deal is a demonstration of our strategy to partner with co-investors.”

Up to à‚£9m a year is currently spent on heating, lighting and running equipment at the Cambridge hospital.The centre would be expected to save à‚£20m over 25 years and be more energy efficient.

If given planning permission, the energy centre could be built in the next three years and save 25,000 tonnes of CO2 from entering the atmosphere.

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